Can You File A Chapter 7 Bankruptcy After A Chapter 13?

[Wyndham]

Yes, and this happens often. A debtor who cannot meet the obligations of the payment plan imposed by Chapter 13 Bankruptcy may wish to switch to Chapter 7. This can be done once for any reason, without court approval. However, to switch back, approval of the bankruptcy court is required, and they will rarely allow a debtor to make multiple switches. Note that in switching from Chapter 13 to Chapter 7, much of the debtor's property is now up for grabs to be sold off to pay his or her debts. However, if the debtor cannot make the payments under a Chapter 13 bankruptcy, switching to Chapter 7 may be his or her only option.

[mabellemurphy]

Wyndham wrote:
> Yes, and this happens often. A debtor who cannot meet the obligations of
> the payment plan imposed by Chapter 13 Bankruptcy may wish to switch to
> Chapter 7. This can be done once for any reason, without court approval.
> However, to switch back, approval of the bankruptcy court is required, and
> they will rarely allow a debtor to make multiple switches. Note that in
> switching from Chapter 13 to Chapter 7, much of the debtor's property is
> now up for grabs to be sold off to pay his or her debts. However, if the
> debtor cannot make the payments under a Chapter 13 bankruptcy, switching to
> Chapter 7 may be his or her only option.


How is that happened? You can file for bankruptcy once in a year am i right?